US Equity Futures Flat as Markets Await CPI Data and US-Iran Ceasefire Talks
US equity futures traded flat on Thursday morning, extending a seven-day rally amid anticipation of March CPI data and weekend negotiations between the US and Iran. The ceasefire agreement announced earlier this week faces challenges from reported drone attacks and regional tensions. Oil prices held steady near $98 per barrel for WTI, while European markets advanced.
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Tensions and Negotiations Weekend talks are set following a ceasefire agreement. The truce remains fragile, with reports of drone attacks and regional tensions.
Others highlighted challenges, noting economic interests on all sides could complicate a swift conclusion. Crude oil prices remained above $90 per barrel, a level that could influence inflation and growth.
Key Facts
Story Timeline
5 events- April 10, 2026 — 8:00 a.m. ET
US equity futures traded flat, extending seven-day rally ahead of CPI release.
1 sourceZeroHedge - April 10, 2026 — Overnight
Kuwait reported large-scale drone attacks on vital facilities, accusing Iran of ceasefire violations.
1 sourceZeroHedge - April 8, 2026 — Tuesday
US and Iran announced ceasefire agreement amid regional tensions.
1 sourceZeroHedge - April 10, 2026 — Morning
Bloomberg reported Ukraine nearing deal with Russia, boosting futures.
1 sourceZeroHedge - Upcoming — Weekend, April 12-13, 2026
US-Iran talks scheduled in Islamabad to discuss de-escalation.
1 sourceZeroHedge
Potential Impact
- 01
Sustained high oil constrains global supply chains.
- 02
Higher CPI reading drives bond yields upward, pressuring equities.
- 03
Ceasefire violations escalate oil prices beyond $100 per barrel.
- 04
AI demand boosts semiconductor stocks like TSMC.
- 05
Ukraine-Russia deal optimism lifts European indices further.
- 06
Progress in US-Iran talks reduces risk premium in crude futures.
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